RIA Hybrid in Coronado, Calif. Has more than $ 512 million in client assets
The addition of The Gensler Group continues Wealth Enhancement Group’s strategic expansion in Southern California and brings total client assets to over $ 55.5 billion
MINNEAPOLIS, December 16, 2021 / PRNewswire / – Wealth Enhancement Group, an independent wealth management firm, today announced that it will partner with The Gensler Group, a hybrid RIA in the San Diego supervising zone $ 512 million in customer advisory assets. Agreement marks 17th place for Wealth Enhancement Groupe 2021 and, at year-end, the company’s total client assets are expected to reach $ 55.5 billion. *
Founded in 1995 by Daniel Gensler, The Gensler Group has six team members, including Wealth Advisor Chaz fahrner and branch operations supervisor Loretta perry. They provide comprehensive financial planning, wealth and asset management services to high net worth individuals, retirees and pre-retirees, business owners and senior executives. Their services include education and retirement planning, income tax and estate planning, charitable giving, risk management, insurance reviews for life insurance, personal care. long term, disability, health and personal liability. Gensler Group positions Wealth Enhancement Group to meet the wealth management and financial planning needs of California second most populous city.
Jeff Dekko, President and CEO of Wealth Enhancement Group, said: âThe founders of The Gensler Group and their team have built a high performing wealth management company based on proven strategies and a deep focus on long lasting client relationships. term. Joining Wealth Enhancement Group will equip Dan, Chaz, Lorie and their team to leverage the strengths of our two organizations so that they can further enhance their ability to provide high quality financial planning and asset management services to individuals, multigenerational households and the business entities they support. warmly welcomes these exceptional professionals to the Wealth Enhancement Group team and looks forward to many years of meaningful collaboration. “
Jim cahn, Director of Investments and Business Development for Wealth Enhancement Group, said: âAt Wealth Enhancement Group, we have invested our time, effort and energy to provide comprehensive financial advice that has earned the trust and empowered clients. to consolidate their financial life. We look forward to helping Gensler Group further accelerate its growth by leveraging our powerful technology and back office capabilities, as well as our centralized portfolio management offerings. in the life of their business. “
Daniel Gensler noted: âOur firm has devoted thought and due diligence to the process of selecting a new partner for our future, before choosing Wealth Enhancement Group as a partner. After reviewing the offerings of other independent firms nationwide, we are confident that Wealth Enhancement Group will strengthen our continued efforts to provide clients with the services they need to navigate their financial lives for decades, so that they can live the best life they can. “
At the closing of the transaction on the 31st of December, Mr. Gensler will serve as Senior Vice President, Financial Advisor; Mr. Fahrner will act as financial advisor; and Ms. Perry will serve as Director of Operations at Wealth Enhancement Group.
Financial terms were not disclosed.
About Wealth Enhancement Group
Wealth Enhancement Group is a Greater MinneapolisIndependent wealth management company offering complete and personalized financial planning and investment management services. Founded in 1997, Wealth Enhancement Group serves clients across the country. Wealth Enhancement Group specializes in providing retail clients with the knowledge and team resources they need to simplify their financial lives. For more information, please visit www.wealthenhancement.com.
Advisory services offered by Wealth Enhancement Advisory Services, LLC (WEAS), a registered investment advisor. Some, but not all, representatives of WEAS Investment Advisers (IARs) are also registered representatives and offer securities through FINRA / SIPC member LPL Financial. Wealth Enhancement Group and Wealth Enhancement Advisory Services are separate entities from LPL Financial. Wealth Enhancement Group is a registered trademark of Wealth Enhancement Group, LLC.
* Wealth Enhancement Group and its registered investment advisor, Wealth Enhancement Advisory Services, have $ 43 billion in brokerage assets and client advice at 10/31/2021. The Gensler Group LLC had more $ 512 million in brokerage and client advisory assets as of 10/27/2021. With the addition of previously announced acquisitions that closed in November and the acquisition of The Gensler Group, Wealth Enhancement Group will have $ 55.5 billion in client brokerage, advice and fiduciary assets from December 31, 2021.
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SOURCE Heritage Improvement Group